http://www.legislation.gov.uk/ukpga/2021/1/section/14BPension Schemes Act 2021An Act to make provision about pension schemes.texttext/xmlenStatute Law Database2026-08-10Expert Participation2026-07-31 PART 114B1An unconnected multiple employer scheme has a single scheme proprietor (see section 9(3)(ca)(i)) if there is a person, but no more than one person, who meets all the criteria in subsection (2) in relation to the scheme.2The criteria are—aif the Pensions Regulator is considering an application for authorisation in relation to the scheme, that the person is liable to provide funds to or in respect of the scheme for the purposes of meeting—isome or all of the costs of setting up the scheme, andiisome or all of the costs relating to obtaining authorisation of the scheme,bthat the person is liable to provide funds to or in respect of the scheme in circumstances where administration charges received from or in respect of members are not sufficient to cover the balance (if any) of the costs of setting up, and obtaining authorisation of, the scheme, and the costs of running it,cthat the person is liable, in the event of a triggering event occurring in relation to the scheme, to provide funds to or in respect of the scheme for the purposes of meeting—ithe costs of complying with the duties under sections 31 to 45 (see section 14(2)(b)(i)), andiithe costs of continuing to run the scheme for such period (which must be at least six months and no more than two years) as the Pensions Regulator thinks appropriate for the scheme (see section 14(2)(b)(ii)), anddthat the person is responsible for making business decisions relating to the commercial activities of the scheme.3In this Part, “the scheme proprietor”, in relation to a scheme, means the person who meets all the criteria in subsection (2).Ss. 14A-14D inserted (31.7.2026) by The Occupational Pension Schemes (Collective Money Purchase Schemes) (Extension to Unconnected Multiple Employer Schemes and Miscellaneous Provisions) Regulations 2025 (S.I. 2025/1313), regs. 1(3), 10